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Food and Staples Retailing Food Retail

  • LONDON, Jan 16- British supermarket Iceland plans to eliminate plastic packaging from all of its own brand products by the end of 2023 and called on the industry to follow its lead. Privately-owned Iceland, which trades from 900 UK stores specializing in frozen food, said on Tuesday that instead of using plastic it will use packaging comprising paper and pulp...

  • The potential deal, which arose as the New York- based startup was seeking funding, likely values Boxed at between $325 million and $500 million, said the person, who spoke on condition of anonymity. Amazon's $13.7 billion acquisition of Whole Foods Market last year to crack the U.S. grocery market heightened a sense of urgency among rivals looking for ways to...

  • PARIS, Jan 12- Shares in Carrefour rose on Friday after Europe's largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com for 79 million euros, from Steinhoff-owned furniture chain Conforama. Alexandre Bompard, who took over last July as CEO of Carrefour- the world's largest retailer after Walmart- will unveil his...

  • *Health scare awkward as France eyes food trade with China. PARIS, Jan 11- France, seeking to limit reputational damage to its agri-business industry, threatened on Thursday to impose sanctions after the country's big supermarkets said recalled baby foods made by Lactalis had still found their way onto shop shelves. The admissions by Carrefour, Leclerc, Auchan...

  • PARIS— French President Emmanuel Macron deflected blame Thursday in the latest chapter of a dairy scandal that has embarrassed the French government, major supermarkets and a dairy giant. Speaking from a press conference in Rome, Macron hit out at dairy giant Lactalis after major supermarkets acknowledged this week that millions of baby food products...

  • *Health scare risks hurting Lactalis image in China. PARIS, Jan 11- France, seeking to limit reputational damage to its agri-business industry, threatened on Thursday to impose sanctions after the country's biggest supermarkets said recalled baby foods made by Lactalis had still found their way onto shop shelves. Salmonella infections can be...

  • The company operates its business under five units: Post Consumer Brands, Michael Foods Group, Active Nutrition, Private Brands and Weetabix. The unit counts grocers Whole Foods Market and Aldi as its top customers. Jim Dwyer, current chief executive of the Michael Foods Group unit, will lead the private brands business.

  • *UK like-for-like sales in six weeks to Christmas up 1.9 pct. LONDON, Jan 11- Tesco's Christmas trading missed forecasts as strong food sales were offset by weak demand for items such as DVDs and computer games, showing that even Britain's biggest supermarket chain is feeling the strain as consumers curb their spending. Tesco Chief Executive Dave Lewis agreed...

  • *Health scare risks hurting Lactalis image in China. PARIS, Jan 11- France's biggest supermarket chains said they sold some Lactalis baby food products after a recall by the dairy giant over concerns they could be contaminated with salmonella. Salmonella infections can be life-threatening, particularly for young children, and the recall risks damaging...

  • *UK like-for-like sales in six weeks to Christmas up 1.9 pct. LONDON, Jan 11- Britain's biggest retailer Tesco missed forecasts for Christmas trading as strong food sales were undermined by weak demand for general goods such as DVDs and computer games. Rivals Sainsbury's, Britain's second largest supermarket group, and fourth-ranked Morrisons, both beat...

  • UK retail space tough, especially for established players: Moody's

    David Beadle, vice president and senior credit officer at Moody's, speaks about the U.K. retail sector amid Brexit uncertainty.

  • PARIS, Jan 11- France's biggest supermarket chains said they sold some Lactalis baby food products after a recall by the dairy giant over concerns they could be contaminated with salmonella. The product recall affected goods destined for French and overseas markets carrying the Picot, Milumel and Taranis brands and France's consumer protection agency...

  • LONDON, Jan 11- Britain's biggest retailer Tesco missed forecasts for Christmas trading on Thursday as strong sales of fresh food were undermined by lower demand for general goods such as DVDs and computer games. Rivals Sainsbury's, Britain's second largest supermarket group, and fourth-ranked Morrisons, both beat forecasts for Christmas trading and...

  • Domino's Pizza CEO on impending departure

    Jim Cramer spoke with Domino's Pizza CEO Patrick Doyle to discuss his recently announced departure from the company.

  • Cramer Remix: Domino’s Pizza proves why stock-picking is still a winning strategy

    Jim Cramer dished on how Domino’s Pizza was able to outperform index funds despite the increasingly difficult environment.

  • Jim Cramer on Mad Money.

    Jim Cramer dished on how Domino’s Pizza was able to outperform index funds despite the increasingly difficult environment.

  • 'There's a rhythm to these things:' Domino's Pizza CEO discusses impending departure

    Jim Cramer spoke with Domino's Pizza CEO Patrick Doyle to discuss his recently announced departure from the company.

  • Patrick Doyle, Domino's Pizza

    Jim Cramer spoke with Domino's Pizza CEO Patrick Doyle to discuss his recently announced departure from the company.

  • Jan 10- Kohl's Corp plans to lease space left vacant after shrinking some of its stores to retailers such as grocery stores or convenience stores, the company said on Wednesday. Not all of Kohl's roughly 300 "right-sized" stores will necessarily lease unused footage, at least at the start, Chief Executive Kevin Mansell said in comments reported by CNBC.

  • Jan 10- Kohl's Corp plans to lease space left vacant after shrinking some of its stores to retailers such as grocery stores or convenience stores, Chief Executive Kevin Mansell told CNBC. "If we had our preference, we are going first after well-capitalized companies, and preferably ones that have high traffic in grocery and convenience," Mansell told the news...